MAJOR MEASURES PROPOSED IN 2023-2024 BUDGET In his Budget delivered on 22 February 2023, the Financial Secretary of HKSAR proposed the following major measures: Electronic consumption vouchers Issue $5,000 electronic… read more →
The latest international tax standards require a taxpayer benefitting from a preferential tax treatment in a jurisdiction to have substantial economic presence in the jurisdiction, and to establish an… read more →
Please be advised that a mandatory lockdown may be imposed in Hong Kong in the near future due to the recent development of the pandemic in Hong Kong. You can… read more →
Overview of Greater Bay Area What is Greater Bay Area The Guangdong-Hong Kong-Macao Greater Bay Area (“Greater Bay Area” or ”GBA”) comprises the two Special Administrative Regions of Hong Kong… read more →
Being the most open and international city in the Greater Bay Area, Hong Kong is known for its status as international financial, transportation, trade centres and aviation hub as well… read more →
Under the unprecedented Corona Pandemic, the travel restrictions have made movement of people from one county to the other so difficult. This is affecting the foreign investors in setting-up and… read more →
The National People’s Congress Standing Committee decided to carry out the pilot program of property tax reform in some areas on 23 October 2021. Period: Five years. It shall go… read more →
Covid-19 vaccines are crucial for protecting ourselves from the widely spread epidemic. CWCC welcomes and encourages our staff to receive Covid-19 vaccination. Upon introducing our new vaccination encouragement policy to… read more →
Highlights of CAI Impact to EU investors in China market 1. China’s market access commitments: Automotive Sector: 1) Remove and phase out joint venture requirements. 2) Allow market access for… read more →
Highlights of CAI Part 1 (general information on CAI) 1.27 EU Member States and China have reached an agreement in principle on 30 December 2020 through 35 rounds of negotiations… read more →